Conversion Restrictions definition
Examples of Conversion Restrictions in a sentence
Notwithstanding the provisions of Articles 27.8(d) and (e), the directors may by resolution waive the application of the Conversion Restriction to any exercise or exercises of the Share Conversion Right to which the Conversion Restriction would otherwise apply, or to future Conversion Restrictions generally, including with respect to a period of time.
Parent will issue the Penalty Amount only to those of its stockholders that at the time of payment are (i) not eligible to sell any Merger Consideration Shares owned by them under Rule 144 and (ii) not subject to Special Conversion Restrictions all on the following basis.
For the avoidance of doubt, the Conversion Restrictions set forth in this Section 4.23 shall apply to any exercise of a conversion right by a Holder of Notes, but in the case of Global Securities, only to the extent that such restrictions apply to the owners of beneficial interests in such Global Securities other than participants of the Depository who hold beneficial interests in the Notes on behalf of other Persons.
The Conversion Restrictions are the only restrictions on conversion to which the Subject Securities are subject.
Appointment Categories Notification to the Association Simultaneous Appointments Creation of a Continuing Appointment Appointment Process Conversion Restrictions on Employees Holding Term Appointments PROBATION SELECTION OF ADMINISTRATIVE STAFF DUTIES.